Can foreigners really own property in Mexico?

es! Today, Mexican laws give foreigners the ability to own real estate in Mexico. There is, however, a Restricted Zone that extends 50 km inland from the coastline. Outside the Restricted Zone, a foreigner may acquire land and be direct owners of the property with all the rights of a Mexican national in compliance with Mexican Law. Inside the Restricted Zone, there are two alternatives for foreigners who wish to buy real estate. Since 1973, foreigners have been able to purchase coastal property through a Mexican bank trust, known as a Fideicomiso.

Can I get financing for my real estate purchase in Mexico?

Unfortunately, at this time, there are no financing or mortgage options for foreign buyers in Quintana Roo. This can change at any time and updates will be posted.

What about the availability of title insurance?

Beginning in 1996, Stewart Title Mexico began underwriting title insurance for Mexican properties at an approximate cost of 1% of the insured amount. Other types of insurance, including property, liability, damage, and earthquake, are all readily available in Mexico, at low cost, and policies can be written to pay claims in U.S. dollars.

What can I expect to pay in property taxes?

Property taxes have historically been low in Mexico because they have never been considered a source of governmental revenue. Known as Predial, the tax is calculated as a percentage (currently .25% of the assessed value), determined at the time of sale. Generally speaking, you can expect to pay $100usd per $100,000usd of assessed value yearly.

Who will manage my property when I am not using it?

Choosing the right Property Management company can mean the difference between an excellent appreciating investment and a huge liability. If you are a property owner in search of Property Management, we are happy to be able to refer you to the best, most professional Property Management companies and will gladly arrange a meeting with their teams. The right management company for you will take the time to a construct a cohesive plan that will best serve your particular needs and help you to realize your property's maximum potential and protect your investment.

Why should I consider buying property in Mexico?

The coastal real estate market in Mexico is booming. Mexico's economy, the 9th largest in the world, values and encourages foreign investment dollars and especially tourism; Mexico is a top world-destination for both vacation and retirement among US and Canadian

Playa Del Carmen and Tulum Mexico Real Estate | Ki Residences 2 bed PH | Condo for sale in Playa Del Carmen

Ki Residences 2 bed PH

Centro(Playa del Carmen, Quintana Roo, Mexico, 77710)…

2Beds 2Baths $495,000USD

$495,000 USD
$9,815,850 MXP
Estimate only. Updated Daily.

Sarah Fouts

Request more information

For Sale

Property Description

Property Type: Condo
Status: For Sale
Property Status New-construction
Location: Playa Del Carmen
Property Size: 104.64 m2
Property ID: 603723015
Beds: 2
Baths: 2

New condos for sale near the beach and 5th Avenue

Ki Residences is an exciting new condominium project with 18 luxury apartments and an unbeatable location in the heart of downtown Playa del Carmen. With easy access to the gorgeous white sandy beaches and sweeping Caribbean Sea views, this neighborhood offers an enviable beach lifestyle. This quiet area is just steps from 5th Avenue and close to all the goods and services of town. This is one of the best locations in the city and attracts a steady stream of vacation renters, guaranteeing its constant rental occupancy and ensuring a healthy return on your investment for many years to come.

These beautiful new 1-, 2- and 3-bedroom condos and penthouses have everything you could want in a vacation home or a year-round residence. They feature a spacious open floor plan with a fully equipped kitchen, a sun-filled living room and dining area, and a covered balcony with city views. All of the updated residences are designed in a minimalist style, emphasizing open spaces, natural light, and connection with nature. They offer the perfect balance of comfort and functionality with Japanese and Scandinavian influences. These condos have soft neutral tones, textured walls, and elegant wood accents. They are being offered for sale unfurnished but equipped with air conditioning.

Ki offers amenities such as a 23-meter-long rooftop swimming pool, a Japanese garden, and a coworking space. The condo building is safe and secure with controlled access and 24-hour security. It has a lobby, an elevator, and parking. This area also offers reliable high-speed internet access.

These condos are perfect for vacation rentals or as your own home in paradise. Delivery is scheduled for 2026. Pre-construction prices are subject to availability and are time sensitive. For current pricing availability contact one of our friendly agents today.